Vessels Near Strait of Hormuz Transmit Unusual Messages to Prevent Attacks June 27, 2025 By Georgina McCartney and Arathy Somasekhar Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked...
BHP Faces UK Contempt Charge for Funding Case Over Brazil Dam Collapse June 27, 2025 BHP faces a full contempt of court hearing in Britain for funding litigation to try to prevent some Brazilian municipalities...
Markets/Coverages: Marsh Launches European Cyber Facility for Mid-Sized Enterprises June 27, 2025 Marsh, insurance brokerage business of Marsh McLennan, announced the launch of Cyber Unity, a new insurance facility for organizations across...
Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report June 26, 2025 Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities...
France Orders Extra 800,000 Cars off Road Over Takata Airbag Scandal June 26, 2025 By Gilles Guillaume and Makini Brice France is ordering an extra 800,000 cars with Takata airbags to be taken off the road, two weeks after a...
People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Kennedy to Succeed Shuker as CEO June 26, 2025 The Board of Directors of Covéa Group, the French mutual insurer, has appointed Maud Petit as chief executive officer, while...
EU Revamps Regulations for Expanding Space Market June 26, 2025 The European Commission on Wednesday put forward the EU Space Act, a long-awaited overhaul of regulations affecting its fast-growing space...
Cyberattack on UK Health Firm Contributed to Patient Death June 26, 2025 By Ryan Gallagher A cyberattack that caused disruption at hospitals in London last year contributed to the death of a patient, health officials...
Billionaire Richard Li’s FWD Group Seeks to Raise $442 Million in Hong Kong IPO June 26, 2025 By Scott Murdoch Insurer FWD Group, backed by billionaire Richard Li, is looking to raise HK$3.47 billion ($442.08 million) through a Hong Kong...
Heat Wave Threatens Power Output and Wildfires Across Europe June 26, 2025 By Eva Brendel and Joe Wertz Europe’s heat wave is intensifying, fueling wildfires across the Mediterranean and threatening to curb electricity generation from both nuclear and...